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Netflix to launch 470 new originals by end of year

On Monday (May 14), chief content officer Ted Sarandos revealed the streaming service will have around 1,000 Netflix originals in total before the end of 2018 – meaning 470 of them will have to premiere over the next seven-and-a-half months.

Speaking at the MoffettNathanson Media & Communications Summit 2018 in New York, Sarandos also stated that 90% of Netflix customers regularly watch its original programming and that the bulk of content spending for 2018 – speculated to be $8 billion – is being spent on originals (via Variety).

Nevertheless, with dud original films (such as Bright and Mute) failing to hit the mark, Sarandos may want to make some more time to quality check all the original content Netflix is imminently launching.